Cost of Living: Concord, CA vs Hanover, NH
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Concord | Hanover |
|---|---|---|
| Housing Index | 145.0 | 120.5 |
| Median Home Price | $751,000 | $401,000 |
| Average Rent (2 BR Apartment) | $2500 | $1800 |
| Average Rent (2 BR House) | $2150 | $1840 |
Housing Comparison: Concord vs Hanover
- In Concord, the median home price is higher at $751,000, while in Hanover it is $401,000.
- Renting a two-bedroom apartment costs more in Concord at $2,500 than in Hanover at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Concord | Hanover |
|---|---|---|
| Electricity Price | $32.99 | $22.44 |
| Natural Gas Price | $16.99 | $17.58 |
| Other Utilities | $300 | $250 |
Utilities Comparison: Concord vs Hanover
- Electricity costs are higher in Concord at $32.99 per kWh, compared to $22.44 in Hanover.
- Hanover experiences higher natural gas costs at $17.58 per unit, with costs at $16.99 in Concord.
- Other utility costs are higher in Concord at an average of $300, compared to Hanover with $250.